107 Gardner Hall, CB# 3305
(919) 966-2383
NOTE: ECON 101 or equivalent is a prerequisite for all other courses. Courses designed for specific majors are ECON 310 for Management and Society majors and any 400 or 500 level courses for Economic majors. Only one in each of the following groups may be taken for graduation credit: 310 or 410; 320 or 420; 320 or 423; 340 or 440; 345 or 445; 380 or 480.

FIRST SESSION, 2017

ECON 101 Introduction to Economics (3). Introduction to fundamental issues in economics including competition, scarcity, opportunity cost, resource allocation, unemployment, inflation, and the determination of prices.

ECON 400 Introduction of Statistics and Econometrics (3). Prerequisites, ECON 101, STOR 155, and one of MATH 152, 231, STOR 112, or 113. Comprehensive introduction to statistics, including descriptive statistics and statistical graphics, probability theory, distributions, parameter estimation, hypothesis testing, simple and multiple regression, and use of powerful statistical estimation software.

ECON 410 Intermediate Theory: Price and Distribution (3). Prerequisites, ECON 101, and one of MATH 152, 231, STOR 112, or113.  The determination of prices and the distribution of income in a market system. Students may not receive credit for both ECON 310 and 410.

ECON 420 Intermediate Theory: Money, Income, and Employment (3). Prerequisites, ECON 410.  An introduction to contemporary macroeconomic concepts and analysis.  Topics include the level, fluctuations, and growth of national income, and monetary and fiscal policies designed to achieve economic goals. Students may not receive credit for both ECON 320 and 420. ***Cancelled***

ECON 423 Financial Markets and Economic Fluctuations (3). Prerequisite, ECON 400, 410, and 420.  An examination of financial institutions and markets, their role in economic conditions, and the use of macroeconomic policies in affecting those conditions.  Students may not receive credit for both ECON 320 and 423. ***Cancelled***

ECON 445 Industrial Organization (3). Prerequisite, ECON 400 and 410.  Theoretical and empirical development of structure-conduct-performance relationships in the industrial sector; description and analysis of United States industry. Students may not receive credit for both ECON 345 and 445.

ECON 460 International Economics (EURO 460, PWAD 460) (3).  Prerequisites, ECON 400 and 410.  An introduction to international trade, the balance of payments, and related issues of foreign economic policy.

ECON 468 Principles of Soviet and Post-Soviet Economic Systems (3).  MAYMESTER. Prerequisite, ECON 400, 310, or 410. Study of principles, design, organization, and performance of state-controlled economies relying on planning or regulated markets, with an emphasis on continuity and post-communist transition.

ECON 485 Economics of Sports (3).  Prerequisites, ECON 400 and 410.  Applies microeconomic techniques to professional and amateur sports through the examination of real-world issues and problems. Employs statistical analysis to test some of the theoretical predictions of the models in the sports literature.

ECON 510 Advanced Microeconomic Theory (3).  Prerequisites, ECON 400 and 410. A treatment of topics in microeconomic theory not normally covered in ECON 410.

ECON 570 Applied Econometric Analysis (3). Prerequisite, ECON 400 and 410.  Statistical methods in the construction, estimation, testing, and application of linear economic models; computer programs and interpretation of their output in empirical analysis of common economic theories.

SECOND SESSION, 2017

ECON 101 Introduction to Economics (3). Introduction to fundamental issues in economics, including competition, scarcity, opportunity cost, resource allocation, unemployment, inflation, and the determination of prices.

ECON 400 Introduction of Statistics and Econometrics (3). Prerequisites, ECON 101, STOR 155, and one of MATH 152, 231, STOR 112, or 113. Comprehensive introduction to statistics including descriptive statistics and statistical graphics, probability theory, distributions, parameter estimation, hypothesis testing, simple and multiple regression, and use of powerful statistical estimation software.

ECON 410 Intermediate Theory: Price and Distribution (3). Prerequisite, ECON 101, and one of MATH 152, 231,  STOR 112, or 113.  The determination of prices and the distribution of income in a market system. Students may not receive credit for both ECON 310 and 410.

ECON 480 Labor Economics (3). Prerequisite, ECON 400 and 410. An introduction to the field of labor economics with emphasis on how the interactions between firms and workers influence wages, employment, unemployment, and inflation.  Students may not receive credit for both ECON 380 and 480.

ECON 486 Gender and Economics (3).  Prerequisites, ECON 400 and 410.  This course uses basic microeconomic theory and recent empirical studies to examine the causes and consequences of gender differences in economic outcomes. Topics covered may include family formation and dissolution, fertility decisions, human capital investment, labor force participation, the gender earnings gap, and occupational choice.